LUCKNOW:
Akhilesh Yadav may be in the shadows after twin drubbings in the Assembly and Lok Sabha polls, but his outfit,
Samajwadi Party, is the richest among regional political parties in India, beating even the deep pockets of southern satraps.
According to a report of Association for Democratic Reforms (ADR) released on Monday, Samajwadi Party declared highest assets of more than Rs 571 crore in 2016-17, which increased by 2.13% to more than Rs 583 crore in 2017-18. The ADR report analysed assets and liabilities declared by 39 regional parties in FY 2016-17 and 41 in FY 2017-18.
The total assets of regional parties stood at Rs 1,267 crore in 2016-17, which rose to Rs 1,320 crore in 2017-18 with SP declaring the highest capital of Rs 583.22 crore, followed by Rs 189.41 crore of AIADMK and Rs 183.59 crore of DMK.
The report comes at a time when SP is wracked by infighting and its leaders poached by
BJP.
JD(U) assets rose to Rs 13.78 croreNitish Kumar-led JD(U) registered a rise in assets from Rs 3.46 crore to Rs 13.78 crore. Likewise, JD(S) registered an increase in assets from Rs 7.61 crore to Rs 13.78 crore.
Shiv Sena is the only party among the top 10 to show a dip in annual assets by 1.2%, from Rs 52.56 crore to Rs 51.92 crore between FY 2016-17 and 2017-18, the report said.
The total liabilities of 39 regional parties is pegged at Rs 40.33 crore and Rs 61.61 crore for 41 parties in FY 2017-18. During FY 2017-18, highest liabilities were declared by TDP amounting to Rs 22.71 crore, a rise of 190% from the last financial year. In FY 2016-17, DMK declared highest liabilities of Rs 8.05 crore.
Arvind Kejriwal-led AAP is the only party among the top-10 to show a decrease in liabilities by 21.31%, from Rs 1.22 crore to Rs 0.96 crore between FY 2016-17 and 2017-18.
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